Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$299,821$299,821$307,800
Remaining term (yrs)26.026.030.0
Secondary amount$0$25,079$0
Funding fee$0$0$0
Note rate6.660%6.660%7.320%
Blended rate7.510%7.847%7.560%
1st payment$2,019.16$2,019.16$2,114.37
2nd payment$0.00$248.18$0.00
Taxes / mo$295.92$295.92$295.92
Insurance / mo$150.00$150.00$150.00
MI / mo$222.56$222.56$61.56
HOA / mo$0.00$0.00$0.00
Total monthly$2,687.64$2,935.82$2,621.85
Cash to close$42,179$17,100$34,200